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2023
Flag → Flag
Exports $374MRnk 80 / 211
2023
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Top Product $248MCars
2023
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Exports $14.6MRnk 52 / 137
2023
Flag → Flag
Top Product $11.1MRaw Aluminium
2023
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Economic Complexity (ECI) ECI 2.07Rnk 1 / 132
2023
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Economic Complexity (ECI) ECI -0.43Rnk 84 / 132
2023
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GDP$4.2TCURRENT US$
Rnk 4 / 195
2013-2023
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GDP GROWTH-19.3%CURRENT US$
Rnk 190 / 195
2023
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 GDP$72.4BCURRENT US$
Rnk 83 / 195
2013-2023
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GDP GROWTH-2.43%CURRENT US$
Rnk 173 / 195
2023
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GDP PC $33,767CURRENT US$
Rnk 38 / 195
2013-2023
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GDP PC GROWTH-17.4%CURRENT US$
Rnk 176 / 195
2023
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GDP PC$7,126CURRENT US$
Rnk 103 / 196
2013-2023
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GDP PC GROWTH-9.52%CURRENT US$
Rnk 168 / 195

About

Japan-Azerbaijan Trade: In 2023, Japan exported $374M to Azerbaijan. The main products that Japan exported to Azerbaijan were Cars ($248M), Iron Pipes ($35.7M), and Other Large Iron Pipes ($7.95M). Over the past 5 years the exports of Japan to Azerbaijan have decreased at an annualized rate of 0.32%, from $380M in 2018 to $374M in 2023.

In 2023, Japan did not export any services to Azerbaijan.

Azerbaijan-Japan Trade: In 2023, Azerbaijan exported $14.6M to Japan. The main products that Azerbaijan exported to Japan were Raw Aluminium ($11.1M), Clays ($1.93M), and Vegetable Saps ($1.23M). Over the past 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 9.94%,  from $9.08M in 2018 to $14.6M in 2023.

In 2008, Azerbaijan exported services to Japan worth $2.39M, with Services not allocated ($1.29M), Travel ($1.04M), and Communications services ($55k) being the largest in terms of value.

Comparison: In 2023,  Japan ranked 1 in the Economic Complexity Index (ECI 2.07), and 4 in total exports ($766B). That same year, Azerbaijan ranked 84 in the Economic Complexity Index (ECI -0.43), and 70 in total exports ($31.2B).

Latest Trends

November, 2024

About

Overview In November 2024, Japan exported ¥1.45B and imported ¥197M from Azerbaijan, resulting in a positive trade balance of ¥1.26B. Between November 2023 and November 2024 the exports of Japan have increased by ¥771M (113%) from ¥681M to ¥1.45B, while imports increased by ¥3.35M (1.73%) from ¥194M to ¥197M.

Trade In November 2024, the top exports of Japan to Azerbaijan were Gas Turbines (¥492M), Cars (¥123M), Liquid Pumps (¥21.6M), Ball Bearings (¥21.5M), and Commodities not elsewhere specified (¥11.3M). In November 2024 the top imports of Japan from Azerbaijan were Commodities not elsewhere specified (¥65.1M), Raw Aluminium (¥28.1M), Other Mineral (¥22.4M), Other Processed Fruits and Nuts (¥2.05M), and Dried Fruits (¥424k).

Origins In November 2024 the exports of Japan were mainly from Wakayama (¥1.12B), Kanagawa (¥271M), Chiba (¥24.9M), Hyōgo (¥20.1M), and Osaka (¥8.34M), while imports destinations were mainly Aichi (¥175M), Kanagawa (¥19.9M), and Chiba (¥1.96M).

Growth In November 2024, the increase in Japan's year-by-year exports to Azerbaijan was explained primarily by an increase in product exports in . In November 2024, the increase in Japan's year-by-year imports  from Azerbaijan was explained primarily by an increase in product imports  in .

Latest Trade

Time Scale
Flow
Value
Depth
EXPORT GROWTH (November 2023 - November 2024)¥771M(113%)
IMPORT GROWTH (November 2023 - November 2024)¥3.35M(1.73%)
MAIN EXPORTER (November 2024)Wakayama¥1.12B

This section shows exports and imports data at subnational level for Japan. Click any date in the line plot, any subnational region in the geomap or any product to explore the exports or imports behavior of Japan over time.

To check Azerbaijan and Japan trade dynamics, check the bilateral page.

For full datasets download visit Bulk Download page.

Explore Azerbaijan and Japan Data

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Historical Data

Bilateral Trade by Products

Depth
Value

In 2023, Japan exported $374M to Azerbaijan. The main products exported from Japan to Azerbaijan were Cars ($248M), Iron Pipes ($35.7M), and Other Large Iron Pipes ($7.95M). During the last 5 years the exports of Japan to Azerbaijan have decreased at an annualized rate of 0.32%, from $380M in 2018 to $374M in 2023.

In 2018, Azerbaijan exported $14.6M to Japan. The main products exported from Azerbaijan to Japan were Raw Aluminium ($11.1M), Clays ($1.93M), and Vegetable Saps ($1.23M). During the last 5 years the exports of Azerbaijan to Japan have increased at an annualized rate of 9.94%, from $9.08M in 2023 to $14.6M in 2018.

Exports from Japan (Flag) to Azerbaijan (Flag) (2023)

Exports from Azerbaijan (Flag) to Japan (Flag) (2023)

Market Competitiveness

Color
Japan
Top DestinationUnited States$143B
Azerbaijan
Top DestinationItaly$11.4B

This map shows whether countries import more from Japan or Azerbaijan. Each country is colored based on the difference in imports they receive from Japan and Azerbaijan or the difference in the growth in imports.

In 2023, countries that imported more from Japan than Azerbaijan included United States ($143B), China ($138B), and Chinese Taipei ($43B).

In 2023, countries that imported more from Azerbaijan than Japan included Italy ($11.4B), Greece ($1.27B), and Croatia ($754M).

Difference in imports from Azerbaijan (Flag) and Japan (Flag) (2023)

Comparative Advantage Japan - Azerbaijan

Flow
Scale

This chart compares trade between Japan and Azerbaijan by product, considering products traded by both, Japan and Azerbaijan.

During 2023, Japan had a large net trade with Azerbaijan in the exports of Transportation ($262M), Metals ($46.3M), and Machines ($35.9M).

During 2018, Azerbaijan had a large net trade with Japan in the exports of Metals ($11.1M), Mineral Products ($1.93M), and Vegetable Products ($1.27M).

Potential Exports

Potential Exports

Depth
View
Sort By
Top Product Potential Japan Azerbaijan+$47.7MCars
Top Product Potential Azerbaijan Japan+$7.88MRaw Aluminium

We estimate the export potential of an economy for each product and destination using an extension of the bilateral relatedness model of Jun et al. (2019).This extended gravity model considers similarities among products and geographies and explains more than 50% of the variance in future trade flows.

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Economic Complexity

Competitive Landscape

This visualization shows the product space at the HS4 level with the flags of Japan and Azerbaijan. This means that a dot/product with the flag of Japan indicates it has a comparative advantage over Azerbaijan. Similarly, a dot/product with the flag of Azerbaijan indicates it has a comparative advantage over Japan.

Product Space of Japan (Flag) and Azerbaijan (Flag) (2023)

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